What are the statutes of limitations for state and local tax assessments and collections?

Nov 21, 2024 ... FAQs. What's the main role of an enrolled agent? An enrolled agent's main role is to represent taxpayers in all matters before the Internal ... Tax attorneys are licensed by the state. Tax attorneys generally have to have a Bachelors's degree and a Juris Doctor degree. The IRS Restructuring and Reform Act of 1998 allow federally authorized practitioners (those bound by the Department of Treasury's Circular 230 regulations) a ... Jul 19, 2023 ... Many EAs possess broad financial knowledge and can provide holistic financial planning services. They can assist with retirement planning, ... The period up until your first re-enrollment date is considered your “initial enrollment cycle,” and it is normally less than 3 years or 36 months. Both are in demand for different reasons. EAs are highly sought after for their tax expertise, especially for IRS representation. CPAs are valued across various ... Dec 4, 2024 ... This article will break down the roles, qualifications, and areas of expertise of EAs and CPAs to help you choose the right tax professional for your needs. This article includes 24 tips for calming your nerves and approaching the exam in an organized and focused manner. What is an enrolled agent (EA)?. Enrolled agents (EAs) are America's Tax Experts®. They are the only federally-licensed tax practitioners who both specialize ... What is an Enrolled Agent? An Enrolled Agent is a tax professional who has been admitted to practice before the Internal Revenue Service. Therefore, they may ...